Swifty Inc. had the following condensed balance sheet at the end of operations for 2016. Cash Current assets other than cash Equity investments Plant assets (net) Land SWIFTY INC. BALANCE SHEET DECEMBER 31, 2016 $8.700 Current liabilities 29,800 Long-term notes payable 19.500 Bonds payable 69,200 Common stock 40.000 Retained earnings $167,200 $14.900 25.400 24.800 75,000 27.100 5167,200 During 2017, the following occurred (a) (b) (c) (d) Swifty Inc. sold part of its investment portfolio for $12,700 This transaction resulted in a gain of $4.900 for the company No unrealized stains or losses were recorded on these investments in 2017 Dividends totaling $9.200 were paid to stockholders. Atract of land was purchased for $11,700 Net income was $35.000 after allowing depreciation of $13.200 Bonds payable in the amount of $11,000 wereredeemed at par. Land was purchased through the issuance of $22.600 in bonds. An additional $10,100 in common stock was issued at par Both current assets (other than cash and current liabilities remained at the same amount ( th) Prepare a statement of cash flows for 2017 using the indirect method. (Show amounts that decrease cash flow with either a-sig e.g.-15,000 or in parenthesis e.g. (15,000).) SWIFTY INC. STATEMENT OF CASH FLOWS For the Year Ended December 31, 2017 Adjustments to reconcile net income to net cash provided by operating activities: $